SILICON SNAPSHOT: Chinese higher offers fail; sufficient stocks in Europe

Key data from the pricing sessions in London and Shanghai on Friday March 1.

China Key drivers Most Chinese traders insisted offering at higher prices due to increased material costs and the quick appreciation of the yuan, but no spot deals were concluded. The final prices for some Japanese tenders were heard to have closed in range of $1,480-1,520 per tonne fob. Yet market participants downplayed the impact of low...

Published

Cristina Belda

Huaqing Fu

March 04, 2019

16:05 GMT

London, Shanghai